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Not all firms develop innovative new products, but they still seem to survive. From entrepreneurship perspective, explain why and how such firms do thrive. Discuss in support or dismissal of this assumption based on the following factors: a) Global market forces  b) Organization skills  c) Leadership skills d) Business revenue model  e) Low cost strategies

Not all firms develop innovative new products, but they still seem to survive. From entrepreneurship perspective, explain why and how such firms do thrive. Discuss in support or dismissal of this assumption based on the following factors: a) Global market forces  b) Organization skills  c) Leadership skills d) Business revenue model  e) Low cost strategies

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Not all firms develop innovative new products, but they still seem to survive. From entrepreneurship
perspective, explain why and how such firms do thrive. Discuss in support or dismissal of this assumption
based on the following factors:
a) Global market forces 
b) Organization skills 
c) Leadership skills
d) Business revenue model 
e) Low cost strategies 

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